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General Update/Rumour Thread

Just reviewed the budget and the expected reductions in the public service. Expecting a lot of it to happen in the NCR, I wonder how that will affect residential development in Ottawa and Gatineau.
 
I'm hoping it's not as drastic as we think. Looks like the cuts are over 3 years and they expect the vast majority of those cuts to be done by attrition and early retirement.
 
30% of the Federal work force is over 50 out of that 25k are over 65.Point is the Feds will have no issue people wanting to retire if anything we could see to many wanting out.
 
Walked by today and this 16-unit infill project has started construction just behind the site where Whispers Pub is. But no sign yet that Whispers or the neighbouring buildings are being demolished to make way for the 9 storey building.

View attachment 530271


Looks like some movement finally for whispers.
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